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2022
Flag → Flag
Exports $33.1MRnk 104 / 217
2022
Flag → Flag
Top Product $24.7MBroadcasting Equipment
2022
Flag → Flag
Exports $2.55MRnk 40 / 123
2022
Flag → Flag
Top Product $2.05MRolled Tobacco
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Cuba Trade: In 2022, Sweden exported $33.1M to Cuba. The main products that Sweden exported to Cuba were Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). Over the past 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 1.62%, from $36M in 2017 to $33.1M in 2022.

In 2022, Sweden did not export any services to Cuba.

Cuba-Sweden Trade: In 2022, Cuba exported $2.55M to Sweden. The main products that Cuba exported to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). Over the past 5 years the exports of Cuba to Sweden have decreased at an annualized rate of 35.1%,  from $22.2M in 2017 to $2.55M in 2022.

In 2022, Cuba did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Sweden exported SEK378k and imported SEK5.46M from Cuba, resulting in a negative trade balance of SEK5.08M. Between June 2023 and June 2024 the exports of Sweden have decreased by SEK-14.2M (-97.4%) from SEK14.6M to SEK378k, while imports increased by SEK3.78M (226%) from SEK1.68M to SEK5.46M.

Trade In June 2024, the top exports of Sweden to Cuba were Telephones (SEK529k), Commodities not elsewhere specified (SEK34k), Metalworking Machine Parts (SEK25k), Felt or Coated Fabric Garments (SEK12k), and Knit Babies' Garments (SEK3k). In June 2024 the top imports of Sweden from Cuba were Rolled Tobacco (SEK3.35M).

Growth In June 2024, the decrease in Sweden's year-by-year exports to Cuba was explained primarily by an decrease in product exports in . In May 2024, the increase in Sweden's year-by-year imports  from Cuba was explained primarily by an increase in product imports  in Rolled Tobacco (SEK2.66M or 388%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)SEK-14.2M(-97.4%)
IMPORT GROWTH (May 2023 - May 2024)SEK3.78M(226%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Cuba and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $33.1M to Cuba. The main products exported from Sweden to Cuba were Broadcasting Equipment ($24.7M), Ethylene Polymers ($6.48M), and Insulated Wire ($318k). During the last 5 years the exports of Sweden to Cuba have decreased at an annualized rate of 1.62%, from $36M in 2017 to $33.1M in 2022.

In 2017, Cuba exported $2.55M to Sweden. The main products exported from Cuba to Sweden were Rolled Tobacco ($2.05M), Broadcasting Equipment ($332k), and Electrical Transformers ($93.8k). During the last 5 years the exports of Cuba to Sweden have decreased at an annualized rate of 35.1%, from $22.2M in 2022 to $2.55M in 2017.

Exports from Sweden (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Cuba
Top DestinationChina$426M

This map shows whether countries import more from Sweden or Cuba. Each country is colored based on the difference in imports they receive from Sweden and Cuba or the difference in the growth in imports.

In 2022, countries that imported more from Sweden than Cuba included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Cuba than Sweden included Macau ($28.9M) and Andorra ($4.23M).

Difference in imports from Cuba (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Cuba

Flow
Scale

This chart compares trade between Sweden and Cuba by product, considering products traded by both, Sweden and Cuba.

During 2022, Sweden had a large net trade with Cuba in the exports of Machines ($26.3M), Plastics and Rubbers ($6.61M), and Metals ($81.7k).

During 2017, Cuba had a large net trade with Sweden in the exports of Foodstuffs ($2.08M), Machines ($434k), and Wood Products ($42.2k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and Cuba. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and Cuba (Flag) (2022)

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